Waste Management falls on Q1 revenue miss
Waste Management WM.N shares fall 1.4% to $225.80 premarket
Co's Q1 revenue missed analyst estimates, while posting higher expenses in the quarter related to the integration of its new medical waste destruction businesses
Houston, Texas-based co posted Q1 total revenue of $6.01 bln vs analyst avg estimate of $6.12 bln, according to data compiled by LSEG
However, co posted Q1 adj profit of $1.67/share,above analysts' estimate of $1.62/share - LSEG
13 of 23 brokerages rate the stock "buy" or higher, 10 "hold"; their median PT is $250 - LSEG
As of last close, stock had risen 13.5% YTD
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